this post was submitted on 11 Jul 2023
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Canada

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Just over half of Canadians say they are $200 away or less from not being able to pay all of their bills at the end of the month amid higher interest rates and inflation.

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[–] [email protected] 7 points 2 years ago* (last edited 2 years ago)

wasn’t Canada supposed to be a rich country with a good standard of living, even in lower income areas?

It used to be, but nothing in life is static. To become a rich country you need innovation, and to remain a rich country you need to continue to innovate. Canada was once very innovative, changing the world in many ways, but in the last decade or two we've rested on our laurels.